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people freak out too fast if it drops in price a bit

Posted by: Jane_Citizen on Feb 19, 12:02 in response to Paul2k's post My observation on this:

Some traders are not dumb to wait and see if they can get the IPO for a few bucks less. On a blue chip IPO like this, a drop in price creates demand, hence the pice I'm seeing now.

Instead of complaining about what the IPO's do, traders should observe their behaviour, try and predict it, and play accordingly, IMO. The 'unpredictability' is not all that unpredictable.





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